Sanctions Protect Russia From Banking Crisis

[Deplorable Yankee]

Mar172023

Sanctions Protect Russia From Banking Crisis​

It turns out the sanctions imposed on behalf of the corrupt, authoritarian regime in Ukraine are having an effect on Russia after all — by insulating it from the banking crisis that moonbattery mixed with irresponsible monetary policy has set off in the West:

Top Kremlin spokesman Dmitry Peskov said on Tuesday, according to the Russian state news TASS agency: “Our banking system has certain connections with some segments of the international financial system, but it is mostly under illegal restrictions from the collective West.”
But Peskov added: “We are, to a certain extent, insured against the negative impact of the crisis that is now unfolding overseas,” suggesting that he believes Russia may fair better than other countries tied into the Western banking system.

Last February, Russia was banned from the international banking service SWIFT.

The ban initially caused chaos for the Russian economy and banking system, with the Ruble currency collapsing as millions of concerned Russians tried to withdraw their money from Russian banks. However, despite the early turmoil, the Russian currency ultimately rebounded to on par with pre-war levels, with the currency being propped up, in part, by Moscow’s ability to continue to sell its energy — albeit at a discount — to willing buyers such as India and Communist China.

Meanwhile, our energy prices remain high, helping to hold prices up and the economy down.
Russia has many problems, but at least it doesn’t have to worry about a financial crisis brought on by the sort of woke kooks who crashed Silicon Valley Bank and Signature Bank.

Credit Suisse is in a tailspin and looks likely to follow, despite a $54 billion bailout from Swiss taxpayers. The bank’s head of global markets may not be a self-described “queer person of color and a first-generation immigrant” like SVB’s Jay Ersapah, but he looks true to type in the era of corporate ESG:
All links highlighted

Jordan Schachtel

@JordanSchachtel


The head of global markets at Credit Suisse is a mentally ill "gender fluid" man who sometimes believes he wakes up as a woman.

So inspiring
8 rainbow emoji inspiring

 

[Votto]

The more Russia isoaltes itself from the West, the more immune they will be from the great reset.

 

[CrusaderFrank]

Russian banks are safer than American banks

 

[CrusaderFrank]

Mar172023

Sanctions Protect Russia From Banking Crisis​

It turns out the sanctions imposed on behalf of the corrupt, authoritarian regime in Ukraine are having an effect on Russia after all — by insulating it from the banking crisis that moonbattery mixed with irresponsible monetary policy has set off in the West:

Last February, Russia was banned from the international banking service SWIFT.

Meanwhile, our energy prices remain high, helping to hold prices up and the economy down.
Russia has many problems, but at least it doesn’t have to worry about a financial crisis brought on by the sort of woke kooks who crashed Silicon Valley Bank and Signature Bank.

Credit Suisse is in a tailspin and looks likely to follow, despite a $54 billion bailout from Swiss taxpayers. The bank’s head of global markets may not be a self-described “queer person of color and a first-generation immigrant” like SVB’s Jay Ersapah, but he looks true to type in the era of corporate ESG:
All links highlighted

Jordan Schachtel
@JordanSchachtel


The head of global markets at Credit Suisse is a mentally ill "gender fluid" man who sometimes believes he wakes up as a woman.

View attachment 766845View attachment 766846


So inspiring
8 rainbow emoji inspiring

I haven’t followed the Credit Susie’s debacle but now it all makes sense. Another “wokeness is our bottom line” failure

 

[1srelluc]

When they said "move to a free state" I never thought that they meant Russia.

 

[Ringo]

 

[Dekster]

Mar172023

Sanctions Protect Russia From Banking Crisis​

It turns out the sanctions imposed on behalf of the corrupt, authoritarian regime in Ukraine are having an effect on Russia after all — by insulating it from the banking crisis that moonbattery mixed with irresponsible monetary policy has set off in the West:

Last February, Russia was banned from the international banking service SWIFT.

Meanwhile, our energy prices remain high, helping to hold prices up and the economy down.
Russia has many problems, but at least it doesn’t have to worry about a financial crisis brought on by the sort of woke kooks who crashed Silicon Valley Bank and Signature Bank.

Credit Suisse is in a tailspin and looks likely to follow, despite a $54 billion bailout from Swiss taxpayers. The bank’s head of global markets may not be a self-described “queer person of color and a first-generation immigrant” like SVB’s Jay Ersapah, but he looks true to type in the era of corporate ESG:
All links highlighted

Jordan Schachtel
@JordanSchachtel


The head of global markets at Credit Suisse is a mentally ill "gender fluid" man who sometimes believes he wakes up as a woman.

View attachment 766845View attachment 766846


So inspiring
8 rainbow emoji inspiring

Yes your 20% inflation is much more attractive than our 8% inflation right now. If only we had that, we would be so much less exposed because we would be flat broke like our Russian Comrade hommies.

 

[toomuchtime_]

Yes your 20% inflation is much more attractive than our 8% inflation right now. If only we had that, we would be so much less exposed because we would be flat broke like our Russian Comrade hommies.

Sounds like someone has been reading rt again. Tsk, tsk, tsk. The US inflation rate is 6.04%, and the inflation rate in Russia is 10.77%

US Inflation Rate Analysis | YCharts

In depth view into US Inflation Rate including historical data from 1914 to 2024, charts and stats.

ycharts.com

Inflation Rate in Russia, 2023

Current inflation rate in Russia: February 2023 data compared to previous months and years, overview, statistics and analytics.

www.statbureau.org

 

[Litwin]

Sanctions Protect Russia From Banking Crisis

do the horde still have the banks ? its not long

Moscow imperialists make the great point here "we're being forcibly kicked into February of 1917".

Moscow imperialists make the great point here "we're being forcibly kicked into February of 1917".

 

[Deplorable Yankee]

Russian banks are safer than American banks

Pretty much
And Siberia is the land of liberty


The world we were born into no longer exists ....indeed!

 

[Deplorable Yankee]

 

[Deplorable Yankee]

It was signature or svb that gave 73 million to BLM and various related activist groups